Xin Zhoubang Holding Company establishes a technology company, which includes electronic special materials research and development business.

The Qichacha APP shows that recently, Huai'an New Original Bang Technology Co., Ltd. was established, with Yi Huan as the legal representative and a registered capital of 30 million RMB. Its business scope includes: manufacturing of electronic special materials; research and development of electronic special materials; sales of electronic special materials; sales of synthetic materials; research and development of new material technology, etc. Qichacha's equity penetration display shows that the company is wholly owned by Shenzhen New Source Bang Technology Co., Ltd., which is held by Xin Zhoubang.